Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Wenzel Downhole Tools Ltd T.WZL

Energy Oil & Gas Equipment & Services

Bullboard (TSX:WZL)

View:
Prev 1 2 3 4 Next
Comment by mjh9413on Dec 04, 2012 8:21pm

RE: RE: Re: Arbitration Settlement

A bu-mer but as already stated gets it over with. They did not put anything away for this as they deemd it would be immaterial! and while the bank loan is for operational purposes it would seem WZL ...more  
285
Discussion
Comment by ferret_caon Dec 04, 2012 6:49pm

RE: Re: Arbitration Settlement

actually this suit has been a drag on wzl for a while, sure it hurts to lose the suit but on the oither hand it coulda been a lot worse and crippled the company, i don't think this amount will do ...more  
270
Discussion
Post by oilwatcher13on Dec 04, 2012 5:36pm

Re: Arbitration Settlement

Regarding Dreco's and Vector's claim, the arbitrator awarded Dreco and Vector approximately $14.676 million in damages, plus pre-judgment interest in an amount to be re-calculated by an ...more  
347
Comment by bruleoilon Dec 04, 2012 1:21pm

RE: RE: RE: bids quite low

We see bids / ask on level 2 anomymous dec 4 13:00 pm 10,000 1.62 anomymous dec 4 12:39 pm 9,000 at 1.61
222
Discussion
Comment by mjh9413on Dec 04, 2012 12:27pm

RE: RE: RE: bids quite low

ok sorry still the DRECO suits (subs) and they did say arbitration due this fall. My apologies. Forgot about this action as DRECO are subs of NOC. Hope you are wrong.
266
Discussion
Comment by mjh9413on Dec 04, 2012 12:13pm

RE: RE: bids quite low

Might sound naive on my part but where are you seeing bids on a halted stock? National Oilwell GOT $405K and the Company et al simply contested the decision..Apart from additional court costs etc ...more  
213
Discussion
Comment by oilwatcher13on Dec 04, 2012 10:58am

RE: bids quite low

Lawsuit settlement news is coming out, WZL will pay a bunch of money to National Oilwell IMHO.... 
189
Discussion
Post by bruleoilon Dec 04, 2012 10:18am

bids quite low

so does not look so good 1.64 waiting for news
260
Comment by mjh9413on Dec 03, 2012 4:32pm

RE: RE: Takeover PLEASE!

I just used that figure because I think it gives those brothers a breakeven...but in this market for services companies I'd take it.
197
Discussion
Comment by ferret_caon Dec 03, 2012 4:22pm

RE: Takeover PLEASE!

jeez i would hope a take over would be much higher than that,  wzl trades at about 1/2 sales fro crying out loud. i wouyld not be happy to sell out at 2.30.  probably something to do withthe ...more  
194
Discussion
Post by mjh9413on Dec 03, 2012 3:54pm

Takeover PLEASE!

and at $2.30!!! Dream on,eh.
232
Comment by beenburntb4on Aug 01, 2012 8:54pm

RE: Litigation

The suit with dreco goes back quite aways.  It was alledged that a principle in a company purchased by dreco used sale proceeds to assist WZL (a loan) contrary to a non compete.  Im pretty ...more  
415
Discussion
Post by Joyce1952on Apr 28, 2012 11:44am

Human Oil and No Seasonality!

Take a look at SPP. I tried their coffee, and it is great!https://newsblaze.com/story/2012042712082600001.mwir/topstory.html
289
Comment by TheRock07on Apr 05, 2012 7:50am

RE: Litigation

I recall that WZL is asking for about $3.6 million owed it by Varco which filed a counterclaim for about $2.5 million. WZL ,s opinion is that Varco's claim is without merit but that also Varco ...more  
339
Discussion
Post by Zola2on Apr 03, 2012 10:55am

Litigation

From their presentation they indicated that the litigation Wenzel - N.Oilwell Varco that a decision is expected in mid to late 2012. What might be the financial implication or is this even a material ...more  
360
Prev 1 2 3 4 Next
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities